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September 3, 2022, 3:10 PM
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| Josh Sisco / Politico: |
Sources: the FTC is reviewing Amazon's $1.7B iRobot takeover to decide if it violates antitrust law and illegally boosts Amazon's connected device market share — The FTC has officially begun a review of Amazon's $1.7 billion takeover of robot vacuum maker iRobot to decide … | Dave Michaels / Wall Street Journal: |
Filing: the FTC is investigating Amazon's $3.9B One Medical acquisition, which could delay its close; significant US antitrust probes take an average ~11 months — Probe adds to issues Amazon faces at antitrust enforcement agency — Amazon vs. Walmart: How the Giants Look to Each Other to Best Each Other| Richard Rubin / Wall Street Journal: |
The IRS says it inadvertently posted confidential information involving ~120,000 individuals on its website before discovering the error and removing the data — Tax agency says error led to posting about some taxpayers with IRAs — WASHINGTON—The Internal Revenue Service inadvertently posted …
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PCMag, Engadget, Slashdot, CNN, Internal Revenue Service, FedScoop, PYMNTS.com, The Hill, and Bloomberg
Tweets: @repjasonsmith, @mdrache, and @logandobson
| Manish Singh / TechCrunch: |
India's Enforcement Directorate searched Paytm, Razorpay, and Cashfree offices on September 2 as part of an investigation into fraudulent Chinese loan apps — India's financial crime fighting agency searched the offices of fintech unicorns Paytm and Razorpay as well as Cashfree on Friday … | TechCrunch: |
Samsung says hackers stole some customer data, including names, contact and product registration information, in a breach of its US systems in late July 2022 — U.S. electronics giant Samsung has confirmed a data breach affecting customers' personal information.| Jess Weatherbed / The Verge: |
JBL unveils the Tour Pro 2 wireless earbuds: customizable ANC and a charging case with a 1.45" touchscreen, available for €249 outside the US in January 2023 — Allegedly the 'world's first' smart charging case for wireless earbuds — JBL has just announced the Tour Pro 2 wireless earbuds …
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JBL press releases, Android Central, TechCrunch, Android Police, and SPARROWS NEWS
| Washington Post: |
Some online disinformation experts criticize Twitter's stance on Libs of TikTok, as some US children's hospitals face threats inspired by the anti-LGBTQ account — Employees are warning colleagues to take action against the anti-LGBTQ account, saying it's ‘only a matter of time’ its posts lead to violence.
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Libs of TikTok
Facebook: Libs of Tik Tok. Tweets: @taylorlorenz, @bitinn, @green_footballs, @jokestress, @taylorlorenz, @mattbc, @zoeschiffer, @hzhu_, @joshsternberg, @gah650, @fraying, and @taylorlorenz
| Reed Albergotti / Semafor: |
Sources: Biden considers EOs to limit US investments in China, collection of US citizens' data by Chinese companies, and selling of US tech to Chinese customers — President Biden plans to sign an executive order that could dramatically limit U.S. investments in China, according to three people with knowledge of the plans.
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FOSS Patents and Bloomberg
Tweets: @semaforben, @fbermingham, @nbashaw, @zaidjilani, @reedalbergotti, @jessicalessin, and @karaswisher
| Debby Wu / Bloomberg: |
Taiwanese prosecutors indict the head of Luxshare, a Chinese iPhone assembler, for allegedly using a shell company to take over local company Speed Tech in 2012 — Taiwanese prosecutors have indicted the head of Luxshare Precision Industry Co. for using a shell company to surreptitiously … | Krisztian Sandor / CoinDesk: |
Bankruptcy filing: Celsius says it expects ~$70M of “proceeds from the repayment of USD denominated loans”, which could help it operate through the end of 2022 — The extra cash from loan repayments, previously believed to be in stablecoins, means a much needed boost for the cash-strapped lender.
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United States Bankruptcy Court, Southern District of New York and CryptoSlate. Tweets: @coindesk
| Aaron Gordon / VICE: |
Yandex confirms hackers created a traffic jam in Moscow on September 1 by ordering dozens of taxis from Yandex Taxi to converge on the same location — Attackers attempted to disrupt ride-hailing app service on Thursday, the company confirmed. — Hackers created a traffic jam in Moscow …
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The Verge and The Register
Tweets: @runews, @euan_macdonald, @hiddenmarkov, @mikebutcher, @_kshitijmishra, @brfreed, @motherboard, and @lorenzofb
| Denny Jacob / Wall Street Journal: |
Swiss bank UBS terminates its $1.4B acquisition of robo-adviser Wealthfront and says it will buy $69.7M in Wealthfront convertible notes at the same valuation — Deal announced in January was for all-cash transaction valued at $1.4 billion — UBS UBS .71%▲ Group AG …
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ThinkAdvisor, Business Wire, Wealthfront Blog, Reuters, Barron's Online, Wealth Management, Financial Times, and The Block. Tweets: @wealthfront
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